Spring Water Delivery & Waste Collection Company
Location Arizona,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $672736
Net Profit / Cash Flow $373928
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 416000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Seller will familiarize buyer for 30 days with 3 month telephone consultation.
Reason for Sale Retirement.
Description Spring Water Delivery & Waste Collection Company for sale. This is an extremely rare opportunity to control the water rights to 2 high production wells. The water company IS NOT regulated by the AZ Corporation Commission! The business pumps, dispenses, and delivers water to about 650 customers spread over a large rural area who do not have other options for water and waste collection services in Northern Arizona. This water company owns the water rights to 2 wells in the form of a perpetual lease that IS NOT regulated by the ACC. In 2005, the seller acquired the water well rights through an easement purchase and sale agreement with Bellemont Water Company and BNSF Railway Company. The seller has since grown the customer base to today's' level and developed the dispensing site. In January 2009, the seller started providing waste collection for his customers and others. One other commercial water company is based in Bellemont. It serves a small local industrial park and is regulated by the ACC because it is a metered system. The city of Williams produces and sells water to homeowners on a limited basis. One or two other low volume competitors operate out of Williams but charge more and have far fewer customers. The main opportunity is to bottle and distribute true spring water under a private label for the well-capitalized buyer. Otherwise, the business currently experiences steady growth and the demand for spring water increases. The seller states that he doesn't actively advertise for new customers, but did implement waste collection services to retain existing customers and entice new customers to buy water as well as waste collection services. Sale Price $2,900,000, Real Estate valued at $506,000 included in sale price, FF&E valued at $416,000 included in price. Email or call Jerry Crandall 928-445-1144 for more information on this listing for sale. Financial information based on 6 months 2009 annualized.
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